$165,000
Status: For Sale
Established Chinese takeout restaurant, situated in a prime location at the intersection of North York and Scarborough near Victoria Park and Finch, has a rich 30-year history, loyal customer base, and a 4.1 Google rating. With approx. 800 sq ft of space including a professional kitchen, 20-ft exhaust fan, walk-in cooler, restroom, and ample parking, the restaurant benefits from high foot traffic in a thriving commercial hub. Operating 7 days a week from 2:00 PM to 10:00 PM (except Fridays from 11:30 AM to 10:00 PM), the restaurant generates monthly sales of around $40,000 with a 20% net profit. Rent is $4,300/month (inclusive of TMI, HST, and water) with 3.8 years remaining on the lease and a 5-year option. Due to owner's relocation, this opportunity offers potential for increased revenue through expanded hours and menu options. Don't miss out on this thriving business opportunity.
| Property Type | :Commercial |
| MLS Number | :C8223730 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :11 Apr, 2024 (18 Days ago) |
| Area | :Toronto |
| Community | : Pleasant View |
| Postal Code | : M2J 4A8 |
| Source | :TRREB |
| Price | :$165,000 |
| Property Taxes | :$0.00 |
| Tax Year | :2024 |
| Cross Street | :Victoria Park & Finch |
| Fireplace/Stove | :No |
11 Apr, 2024
TREB #C8223730
Available
$165000.0
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2836 Victoria Park Ave offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the C8223730 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 0.00 and an attractive 165,000 while getting several vibrant Pleasant View benefits at the same time.
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